Ether / Dollar intraday: the downside prevails as long as 2521 is resistance
Our pivot point is at 2521.
Our preference: the downside prevails as long as 2521 is resistance.
Alternative scenario: the upside breakout of 2521, would call for 2567 and 2594.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2492 and 2503).
Supports and resistances:
2594 **
2567 *
2521 **
2503
2483 last
2428
2401 **
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